Flat Sales and Lower Profit under Yen Appreciation
First written in FY2017-Q1. 11 of 34 entries say "Worsened", first in FY2017-Q2. Latest entry: 2026-08-07.
No other company in this theme has enough history to compare yet.
- 2026-08-07OtherEarnings presentation
「Net income attributable to owners of the parent 1,400 1,100 △200 △20%」
Revenue, operating profit, and ordinary profit increased year on year, while net income attributable to owners of the parent declined from ¥1.4 billion to ¥1.1 billion, down 20% year on year. - FY2026Lower sales and operating income, but higher ordinary income and net incomeAnnual report
「Net sales ¥190.553 billion (down 1.0% year on year) Operating income ¥10.278 billion (down 8.3% year on year) Ordinary income ¥16.162 billion (up 2.4% year on year) Net income attributable to owners of the parent ¥9.394 billion (up 6.0% year on year)」
While net sales and operating income declined, ordinary income and net income attributable to owners of the parent increased due to equity-method investment gains, foreign-exchange gains, gains on sales of assets held and other factors. - FY2026-H1First-half revenue and profit declined, but net income attributable to owners of the parent increasedAnnual report
「Net sales ¥90.341 billion (down 4.8% year on year) Operating income ¥4.374 billion (down 9.2% year on year) Ordinary income ¥6.774 billion (down 2.8% year on year) Interim net income attributable to owners of the parent ¥4.953 billion (up 48.0% year on year)」
In FY2026-H1, net sales, operating income and ordinary income declined year on year, while interim net income attributable to owners of the parent increased 48.0% due to gains on sales of assets held. - FY2025Full-year revenue and profit declined, but net income attributable to owners of the parent increasedAnnual report
「Net sales ¥192.494 billion (down 0.7% year on year) Operating income ¥11.214 billion (down 10.5% year on year) Ordinary income ¥15.790 billion (down 1.7% year on year) Net income attributable to owners of the parent ¥8.866 billion (up 8.2% year on year)」
In FY2025, net sales, operating income and ordinary income declined, while net income attributable to owners of the parent increased due to gains on sales of investment securities and other factors. - FY2025-H1First-half revenue and profit increased, but net income attributable to owners of the parent declinedAnnual report
「Net sales ¥94.938 billion (up 3.1% year on year) Operating income ¥4.817 billion (up 12.9% year on year) Ordinary income ¥6.972 billion (up 24.3% year on year) Interim net income attributable to owners of the parent ¥3.347 billion (down 0.9% year on year)」
In the interim period of the consolidated fiscal year, net sales, operating income and ordinary income increased year on year, while interim net income attributable to owners of the parent declined 0.9%. - FY2024-Q3Nine-month revenue and profit growth widenedAnnual report
「Net sales ¥142.297 billion (up 9.8% year on year) Operating income ¥8.010 billion (up 103.3% year on year) Ordinary income ¥9.928 billion (up 57.7% year on year) Net income attributable to owners of the parent ¥5.749 billion (up 142.9% year on year)」
For the cumulative third quarter, net sales, operating income, ordinary income and net income attributable to owners of the parent all increased year on year, and revenue and profit growth continued. - FY2024-Q2First-half revenue and profit growth widenedAnnual report
「Net sales ¥92.089 billion (up 11.4% year on year) Operating income ¥4.266 billion (up 89.7% year on year) Ordinary income ¥5.607 billion (up 31.7% year on year) Net income attributable to owners of the parent ¥3.377 billion (up 149.4% year on year)」
Net sales, operating income, ordinary income and net income attributable to owners of the parent all increased year on year, resulting in higher revenue and profit following FY2024-Q1. - FY2024-Q1Recovery to higher revenue and profitAnnual report
「Net sales ¥44.092 billion (up 11.8% year on year) Operating income ¥1.345 billion (up 53.9% year on year) Ordinary income ¥2.072 billion (up 3.3% year on year) Net income attributable to owners of the parent ¥1.303 billion (up 120.1% year on year)」
From the trend of lower revenue and profit in the previous year, net sales, operating income, ordinary income and net income attributable to owners of the parent all increased. - FY2023Revenue increased on yen depreciation, but operating income and other profit measures declinedAnnual report
「Net sales ¥178.619 billion (up 9.2% year on year) Operating income ¥6.856 billion (down 35.9% year on year) Ordinary income ¥10.215 billion (down 30.2% year on year) Net income attributable to owners of the parent ¥3.843 billion (down 52.5% year on year)」
While net sales increased 9.2% due to yen depreciation and other factors, operating income declined 35.9%, ordinary income declined 30.2% and net income attributable to owners of the parent declined 52.5%. - FY2023-Q3Revenue increased on the impact of yen depreciation, but the sharp decline in profit continuedAnnual report
「Net sales ¥129.622 billion (up 7.9% year on year) Operating income ¥3.940 billion (down 51.9% year on year) Ordinary income ¥6.294 billion (down 42.6% year on year) Net income attributable to owners of the parent ¥2.367 billion (down 56.5% year on year)」
While revenue increased due to yen depreciation and other factors, operating income, ordinary income and net income attributable to owners of the parent all continued to decline sharply. - FY2023-Q2Revenue increased on yen depreciation, but profit declined sharplyAnnual report
「In the cumulative second quarter of the consolidated fiscal year, net sales increased slightly year on year due to the foreign-exchange impact of yen depreciation. However, all profit measures declined year on year due to production cuts by automakers associated with semiconductor supply constraints and the Shanghai lockdown, as well as soaring raw material, logistics, energy and other costs.」
While net sales increased 2.2% year on year due to the foreign-exchange impact of yen depreciation, operating income declined 65.1%, ordinary income declined 49.4% and net income attributable to owners of the parent declined 67.5%. - FY2023-Q1WorsenedAnnual report
「Net sales ¥39.423 billion (down 2.2% year on year) Operating income ¥874 million (down 75.3% year on year) Ordinary income ¥2.007 billion (down 53.8% year on year) Net income attributable to owners of the parent ¥592 million (down 71.2% year on year)」
Following full-year revenue and profit growth in the fiscal year ended March 2022, net sales, operating income, ordinary income and net income attributable to owners of the parent declined year on year in the first quarter, turning to lower revenue and profit. - FY2022Recovery to full-year revenue and profit growthAnnual report
「Net sales ¥163.537 billion (up 7.6% year on year) Operating income ¥10.701 billion (up 8.1% year on year) Ordinary income ¥14.633 billion (up 3.5% year on year) Net income attributable to owners of the parent ¥8.087 billion (up 47.9% year on year)」
From the declines in revenue and profit in the fiscal year ended March 2021, net sales, operating income, ordinary income and net income attributable to owners of the parent all increased in the fiscal year ended March 2022. - FY2022-Q3Cumulative nine-month revenue and profit also increasedAnnual report
「Net sales ¥120.091 billion (up 12.7% year on year) Operating income ¥8.187 billion (up 66.2% year on year) Ordinary income ¥10.972 billion (up 40.6% year on year) Net income attributable to owners of the parent ¥5.446 billion (up 56.8% year on year)」
For the cumulative third quarter of the consolidated fiscal year, net sales, operating income, ordinary income and net income attributable to owners of the parent all increased year on year. - FY2022-Q2Substantial revenue and earnings growthAnnual report
「Net sales ¥80.903 billion (up 28.1% year on year) Operating income ¥6.442 billion (the previous year had operating income of ¥375 million) Ordinary income ¥8.418 billion (up 248.5% year on year) Net income attributable to owners of the parent ¥4.170 billion (up 353.1% year on year)」
From the declines in revenue and profit and low profitability in the previous year, cumulative net sales, operating income, ordinary income and net income attributable to owners of the parent all turned to substantial increases. - FY2022-Q1Recovery to higher revenue and profitAnnual report
「Net sales ¥40.292 billion (up 35.7% year on year) Operating income ¥3.539 billion (the previous year had an operating loss of ¥83 million) Ordinary income ¥4.342 billion (up 660.1% year on year) Net income attributable to owners of the parent ¥2.057 billion (up 650.8% year on year)」
Operating income turned from an operating loss in the previous year to operating income, while net sales, ordinary income and net income attributable to owners of the parent also increased sharply. - FY2021-Q3Third-quarter improvement, but cumulative revenue and profit declinedAnnual report
「Against this business backdrop, in the third quarter of the consolidated fiscal year (October-December 2020), net sales and all profit measures improved year on year as the recovery trend in automobile sales and continued management efforts, including reductions in selling, general and administrative expenses, cost-reduction initiatives and rationalization, produced results. However, for the cumulative third quarter of the consolidated fiscal year, revenue and profit declined due to the impact of COVID-19 through the cumulative second quarter. Net sales ¥106.514 billion (down 19.7% year on year) Operating income ¥4.925 billion (down 52.0% year on year) Ordinary income ¥7.803 billion (down 33.3% year on year) Net income attributable to owners of the parent ¥3.474 billion (down 52.5% year on year)」
In the quarter from October to December 2020, net sales and all profit measures improved year on year, but on a cumulative basis revenue and profit continued to decline, with net sales down 19.7% and operating income down 52.0%, among other declines. - FY2021-Q2WorsenedAnnual report
「Against this business backdrop, net sales for the cumulative second quarter of the consolidated fiscal year were ¥63.1 billion, down 29.4% year on year. On the earnings front, the decline in operating rates accompanying lower sales weighed on results, with operating income of ¥300 million, down 94.4%, ordinary income of ¥2.4 billion, down 67.5%, and net income attributable to owners of the parent of ¥900 million, down 81.6%, resulting in substantial year-on-year declines in both revenue and profit. However, the company secured a profit after thoroughly continuing management efforts, including reductions in selling, general and administrative expenses, cost-reduction initiatives and rationalization.」
The impact of COVID-19 caused net sales, operating income, ordinary income and net income attributable to owners of the parent to decline sharply, and revenue and profit continued to fall. - FY2021-Q1WorsenedAnnual report
「Net sales ¥29.701 billion (down 32.3% year on year) Operating loss ¥83 million (the previous year had operating income of ¥2.854 billion) Ordinary income ¥571 million (down 83.0% year on year) Net income attributable to owners of the parent ¥274 million (down 86.8% year on year)」
The decline in automobile production and sales accompanying the spread of infectious disease caused net sales to fall 32.3%, operating income to turn into an operating loss, and ordinary income and net income attributable to owners of the parent to decline sharply. - FY2020WorsenedAnnual report
「Net sales ¥178.530 billion (down 7.3% year on year) Operating income ¥13.923 billion (down 24.0% year on year) Ordinary income ¥16.400 billion (down 24.6% year on year) Net income attributable to owners of the parent ¥7.318 billion (down 36.4% year on year)」
For the full year, net sales declined 7.3%, while operating income, ordinary income and net income attributable to owners of the parent declined 24.0%, 24.6% and 36.4%, respectively. - FY2020-Q3WorsenedAnnual report
「Net sales ¥132.702 billion (down 7.6% year on year) Operating income ¥10.252 billion (down 26.1% year on year) Ordinary income ¥11.699 billion (down 27.9% year on year) Net income attributable to owners of the parent ¥7.314 billion (down 19.5% year on year)」
Due to the slowdown in the two major markets, China and North America, among other factors, cumulative net sales fell 7.6% year on year, while operating income, ordinary income and net income attributable to owners of the parent declined 26.1%, 27.9% and 19.5%, respectively, with the declines widening. - FY2020-Q2WorsenedAnnual report
「Net sales ¥89.415 billion (down 6.0% year on year) Operating income ¥6.645 billion (down 28.7% year on year) Ordinary income ¥7.442 billion (down 33.1% year on year) Net income attributable to owners of the parent ¥4.995 billion (down 21.3% year on year)」
Net sales turned lower year on year, while the declines in operating income, ordinary income and net income attributable to owners of the parent also widened. - FY2020-Q1WorsenedAnnual report
「Net sales ¥43.845 billion (down 7.1% year on year) Operating loss ¥285 million (the previous year had operating income of ¥2.854 billion) Ordinary income ¥3.351 billion (down 42.3% year on year) Net income attributable to owners of the parent ¥2.079 billion (down 40.6% year on year)」
Revenue declined due to the slowdown in the two major markets, China and North America, among other factors, and operating income, ordinary income and net income attributable to owners of the parent all fell sharply year on year. - FY2019WorsenedAnnual report
「Net sales ¥192.619 billion (up 2.8% year on year) Operating income ¥18.309 billion (down 11.9% year on year) Ordinary income ¥21.765 billion (down 9.4% year on year) Net income attributable to owners of the parent ¥11.515 billion (down 5.3% year on year)」
Full-year net sales increased, while operating income, ordinary income and net income attributable to owners of the parent all declined year on year. - FY2019-Q3WorsenedAnnual report
「Net sales ¥143.598 billion (up 4.9% year on year) Operating income ¥13.869 billion (down 7.6% year on year) Ordinary income ¥16.219 billion (down 7.1% year on year) Net income attributable to owners of the parent ¥9.089 billion (down 0.5% year on year)」
While revenue continued to increase, operating income, ordinary income and net income attributable to owners of the parent all declined year on year. - FY2019-Q2WorsenedAnnual report
「Net sales ¥95.103 billion (up 4.0% year on year) Operating income ¥9.323 billion (down 16.6% year on year) Ordinary income ¥11.125 billion (down 12.9% year on year) Net income attributable to owners of the parent ¥6.345 billion (down 4.5% year on year)」
Although revenue continued to increase, operating income, ordinary income and net income attributable to owners of the parent declined year on year, with the declines in profit clearly quantified. - FY2019-Q1Revenue increased, but profit declined due to cost factorsAnnual report
「Against this economic backdrop, net sales for the cumulative first quarter of the consolidated fiscal year increased 3.4% to ¥47.1 billion. On the earnings front, the company implemented ongoing cost-reduction initiatives, including the benefits of higher production resulting from increased sales, as well as expense reductions. However, operating income, ordinary income and net income attributable to owners of the parent all declined due to higher raw material prices, costs associated with ramping up mass production of new vehicle models and new technologies, and development expenses for new products.」
Net sales increased 3.4% year on year, while operating income and other profit measures declined due to higher raw material prices, mass-production ramp-up costs and new-product development expenses. - FY2018Full-year revenue and operating income, among others, increased, but net income attributable to owners of the parent declinedAnnual report
「Net sales ¥187.398 billion (up 6.8% year on year) Operating income ¥20.775 billion (up 1.3% year on year) Ordinary income ¥24.023 billion (up 3.0% year on year) Net income attributable to owners of the parent ¥12.154 billion (down 1.0% year on year)」
For the full year, net sales, operating income and ordinary income increased, while net income attributable to owners of the parent declined 1.0%. - FY2018-Q3Revenue and profit growth continued, but the growth rates declinedAnnual report
「Net sales ¥136.950 billion (up 6.7% year on year) Operating income ¥15.016 billion (up 4.1% year on year) Ordinary income ¥17.463 billion (up 8.5% year on year) Net income attributable to owners of the parent ¥9.130 billion (up 9.8% year on year)」
Revenue and profit growth continued, but year-on-year growth was 4.1% for operating income, 8.5% for ordinary income and 9.8% for net income attributable to owners of the parent. - FY2018-Q2Accelerating revenue and profit growthAnnual report
「Revenue ¥91,464 million (up 7.5% year on year) Operating profit ¥11,179 million (up 18.1% year on year) Ordinary profit ¥12,766 million (up 21.8% year on year) Quarterly net income attributable to owners of the parent ¥6,644 million (up 25.5% year on year)」
Cumulative net sales, operating income, ordinary income and net income attributable to owners of the parent all increased year on year. - FY2018-Q1Reversal to higher revenue and profitAnnual report
「Revenue ¥45,623 million (up 8.3% year on year) Operating profit ¥6,047 million (up 28.8% year on year) Ordinary profit ¥6,742 million (up 36.4% year on year) Quarterly net income attributable to owners of the parent ¥3,671 million (up 47.5% year on year)」
Revenue, operating profit, ordinary profit and quarterly net income attributable to owners of the parent all increased year on year, marking a shift from the previous fiscal year's declining-profit trend to higher revenue and profit. - FY2017-Q3Operating and ordinary profit declines continued, while net profit edged upAnnual report
「Revenue ¥128,379 million (up 0.4% year on year) Operating profit ¥14,426 million (down 3.5% year on year) Ordinary profit ¥16,094 million (down 5.2% year on year) Quarterly net income attributable to owners of the parent ¥8,319 million (up 0.2% year on year)」
Revenue edged up, while operating and ordinary profit continued to decline. Quarterly net income attributable to owners of the parent edged up due to the effect of payments of corporate taxes for prior fiscal years. - FY2017-Q2WorsenedAnnual report
「Revenue ¥85,064 million (down 0.4% year on year) Operating profit ¥9,468 million (down 7.3% year on year) Ordinary profit ¥10,484 million (down 11.8% year on year) Quarterly net income attributable to owners of the parent ¥5,293 million (down 8.5% year on year)」
Revenue decreased 0.4% year on year, while the declines in operating profit, ordinary profit and quarterly net income attributable to owners of the parent all widened. - FY2017-Q1First statedAnnual report
「Although sales were broadly flat due to the rapid appreciation of the yen and we continued cost-reduction initiatives and expense controls, operating income, ordinary income and net income attributable to owners of the parent all declined.」
Sales increased 1.4% year on year to ¥42,142 million, while operating income declined 0.8%, ordinary income declined 10.8% and net income attributable to owners of the parent declined 3.9%.